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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Media & Telecom M&A Fell In 2022, But It’s A Good Time For The “Well-Capitalized” And The “Bold”

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After record deal-making in 2021, the number and dollar value of M&A in media and telecommunications fell during the past 12 months through November, according to the latest report by PwC.

There have been 3,772 deals, a 26% year-over-year drop. The dollar value of M&A totaled $624 billion, an 18% dip, the firm said in its biannual U.S.

Deals Outlook. That’s still above pre-pandemic levels but squeezed by higher interest rates and inflation, a soft stock market, growing geopolitical tensions and enhanced regulatory oversight — i.e.

the FTC’s announcement today that it will sue to block Microsoft’s planned $69 billion acquisition of Activision Blizzard. All are pressures that will continue to color M&A into 2023.

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